Nasdaq Copenhagen
London Stock Exchange
Other stakeholders
26 February 2019
Ringkjøbing Landbobank’s announcement of the financial statements for 2018
2018 is the first year in which Nordjyske Bank’s operations are recognised. As was the case with the interim report and the Q3 report, the announcement of the financial statements contains both pro forma financial statements and official financial statements.
Both sets of statements show growth compared to last year and the merger has made a good start.
Core earnings - pro forma
(DKK million) | 2018 | 2017 | 2016 |
Total core income | 2,001 | 1,917 | 1,861 |
Total expenses and depreciation | -866 | -845 | -815 |
Core earnings before impairment charges for loans | 1,135 | 1,072 | 1,046 |
Impairment charges for loans etc. | -43 | -70 | -211 |
Core earnings | 1,092 | 1,002 | 835 |
Result for the portfolio etc. | +77 | +84 | +78 |
Profit before special costs | 1,169 | 1,086 | 913 |
2018 - highlights
Yours sincerely
Ringkjøbing Landbobank
John Fisker
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